Primitive Protocol
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Revision as of 07:08, 27 December 2021 by wiki_crypto>Zeb.dyor (Created page with "==Basics== *Based in: *Started in / Announced on: [https://mirror.xyz/mirror.primitive.eth/l5F1BLMhfmcm_B1R2w-by003_oiAz2-Ir_Jj_rCvGCs 8-12-2021] *Testnet release: [https...")
Basics
- Based in:
- Started in / Announced on: 8-12-2021
- Testnet release: 7-12-2021
- Mainnet release: should launch in 12-2021 (according to the announcement)
- Replicating Market Maker ("RMM-01"), a spot exchange and derivative protocol.
History
Audits & Exploits
- An open bug bounty of $250,000 is offered through Immunefi (8-12-2021)
- From the announcement (8-12-2021):
- ChainSecurity audit over 8 audit weeks
- ABDK audit over 4 audit weeks
- Dedaub audit over 4 audit weeks
- Sherlock continuous review since August
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper or docs can be found here.
- Code can be viewed [insert here].
Implementations
How it works
- From the announcement (8-12-2021):
"The features on launch include:
- Concentrated fungible liquidity
- Liquidity pool tokens that replicate covered call options
The protocol can be used for:
- Earning swap fees as a liquidity provider
- Swapping between tokens of underlying pools
- Building structured products using the composable liquidity pool tokens
- Creating liquidity pools for any token pair"
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
Other Details
Oracle Method
- From the announcement (8-12-2021):
"Primitive is an oracle-free solution to scalable and efficient on-chain derivatives, reflecting our belief that the future of decentralized finance should not depend on expensive (and often brittle) oracles."
Privacy Method
Compliance
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding and Partners
Team
- Full team can be found [here].
- From the announcement (8-12-2021):
"Building this protocol was a collaborative effort that could have not been done without the help of Alex Evans, Guillermo Angeris, Tarun Chitra, and Experience."
Funding
Partners
(:
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